Netflix increases CEO Hastings’ 2013 salary to $4 million

New Gadgets | Saturday December 29 2012 1:00 am | Comments (0) Tags: , , , , , , , , , , , , , , , , , , ,

(Reuters) – Netflix Inc doubled Chief Executive Reed Hastings’ 2013 salary to $4 million, after a pay cut this year, the video rental company disclosed in a regulatory filing late on Friday. Of the $4 million, Hastings will receive half in cash and half in stock options. This compares to $500,000 in cash and $1.5 million in stock options the company gave its CEO for 2012, and a combined payout of $3.5 million for 2011. (http://r.reuters. …

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Netflix increases CEO Hastings’ 2013 salary to $4 million

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